Djibouti: First Review Under the Staff-Monitored Program

November 24, 2004

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Format: Chicago

Djibouti: First Review Under the Staff-Monitored Program, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

This paper on the First Review Under the Staff-Monitored Program (SMP) on Djibouti explains macroeconomic framework and policies. The policy discussions centered on the need to sustain the improvement in the country’s fiscal position in the remainder of the year and steadfast structural reforms to create the basis for sustainable growth. Determined efforts by the authorities are needed to implement the longstanding structural reforms planned under the SMP. IMF staff recognizes the difficulties in adopting a challenging reform agenda and the need to achieve a political consensus.

Subject: Arrears, Current spending, Expenditure, External debt, Fiscal policy, Fiscal stance, Revenue administration

Keywords: Arrears, Balance of payments, Broad money, Consumer price index, CR, Current spending, Debt, Deficit, Fiscal stance, GDP, Investment expenditure, ISCR, Revenue collection, Wage arrears

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/372
Stock No:

1DJIEA0072004
ISBN:

9781451810677
ISSN:

1934-7685

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